USDCAD- 22Feb2022
On the H4, price bounced to upper channel resistance and is now facing bearish pressure around 1.27675. If USDCAD closes above the channel, we could expect it to bounce higher to 1st Resistance at 1.27870
This is for personal record purposes only, not financial advise or solicitation of trade.
USDTRY- 22Feb2022
On the H4, price has finally managed to closed above pivot level at 13.62 yesterday. We could expect further upside to follow through today to 1st Resistance at 14.03 area.
This is for personal record purposes only, not financial advise or solicitation of trade.
EURUSD- 22Feb2022
On the daily, price tried to bounce but closed with a tombstone candle below the 20 & 50MAs after German Manufacturing PMI missed forecast but Services PMI beats estimates yesterday. EURUSD is currently still above the descending trendline.
On the H4, price faced bearish pressure from the ascending trendline and resistance at 1.1390 yesterday....
GBPUSD- 22Feb2022
On the daily, GBPUSD faced bearish pressure after UK Manufacturing and Services PMI came in higher than expected.
On the H4, price dropped back below the descending trendline after bouncing from just one candle. If it drops lower, we could expect it to find support at 1.35450.
This is for personal record purposes only, not financial advise or...
USDINR - 22Feb2022
On the daily, price found support near 200MA after dropping and confirming below 20EMA & 50MA. The price could rebound to test 1st resistance at 74.880.
On the H4, price have retested and close above 23.6% Fib retracement before facing bearish pressure and closing back near the previous day lows of 74.50. As daily is on support, we could...
DXY - 22Feb2022
On the daily, price bounce back and closed with a spinning top candle. There seems to be a good demand around the 95.75 level.
On the H4, price is looking to bounce back to gap fill + 1st Resistance at 96.365.
This is for personal record purposes only, not financial advise or solicitation of trade.
